Common use of Interpretation and Amendments Clause in Contracts

Interpretation and Amendments. The Option shall be administered and exercised in accordance with the Plan and the Administrative Regulations, as the same may be amended by the Committee from time to time, provided that no amendment may, without the consent of the Optionee, affect the rights of the Optionee under this Option in a materially adverse manner. For purposes of the foregoing sentence, an amendment that affects the tax treatment of the Option or that is necessary to comply with securities or other laws applicable to the issuance of shares of Common Stock shall not be considered as affecting the Optionee’s rights in a materially adverse manner. All capitalized terms not otherwise defined herein shall have the meaning assigned to such terms in the Plan or the Administrative Regulations. In the event of a conflict between the Plan and the Administrative Regulations, unless this Agreement specifies otherwise, the Plan shall control.

Interpretation and Amendments. The Option shall be administered and exercised in accordance with the Plan and the Administrative RegulationsProcedures, as the same may be amended by the Committee from time to time, provided that no amendment may, without the consent of the Optionee, affect the rights of the Optionee under this Option in a materially adverse manner. For purposes of the foregoing sentence, an amendment that affects the tax treatment of the Option or that is necessary to comply with securities or other laws applicable to the issuance of shares of Common Stock shall not be considered as affecting the Optionee’s rights in a materially adverse manner. All capitalized terms not otherwise defined herein shall have the meaning assigned to such terms in the Plan or the Administrative RegulationsProcedures. In the event of a conflict between the Plan and the Administrative RegulationsProcedures, unless this Agreement specifies otherwise, the Plan shall control.

Interpretation and Amendments. The Option shall be administered and exercised in accordance with the Plan and the Administrative RegulationsPlan, as the same may be amended by the Committee from time to time, provided that no amendment may, without the consent of the OptioneeParticipant, affect the rights of the Optionee Participant under this Option in a materially adverse manner. For purposes of the foregoing sentence, an amendment that affects the tax treatment of the Option or that is necessary to comply with securities or other laws applicable to the issuance of shares of Common Stock shall not be considered as affecting the OptioneeParticipant’s rights in a materially adverse manner. All capitalized terms not otherwise defined herein shall have the meaning assigned to such terms in the Plan or the Administrative RegulationsPlan. In the event of a conflict between the Plan and the Administrative Regulationsthis Agreement, unless this Agreement specifies otherwise, the Plan shall control.

Interpretation and Amendments. The Option shall be administered and exercised in accordance with the Plan and terms of the Administrative RegulationsPlan, as the same may be amended by the Committee from time to time, provided that no amendment may, without the consent of the OptioneeParticipant, affect the rights of the Optionee Participant under this Option in a materially adverse manner. For purposes of the foregoing sentence, an amendment that affects the tax treatment of the Option or that is necessary to comply with securities or other laws applicable to the issuance of shares of Common Stock shall not be considered as affecting the OptioneeParticipant’s rights in a materially adverse manner. All capitalized terms not otherwise defined herein shall have the meaning assigned to such terms in the Plan or the Administrative RegulationsPlan. In the event of a conflict between the Plan and the Administrative Regulationsthis Agreement, unless this Agreement specifies otherwise, the Plan shall control.